Agreement to increase U.S. debt ceiling, which drew attention from the global economy
Haebom
2
As I've mentioned several times in previous posts, this is the expected process.
The Republican Party, which controls the House of Representatives, wanted to negotiate on the most favorable terms possible, so they tried their best.
It came with a two-year limit on federal spending...
Well, the image of tightening one's belt is likely to be seen in the US.
From McCarthy's (Republican) perspective, it would be no good for him to ruin the world economy, or even the U.S. economy, by playing the fool.
Since the Republican Party and the House of Representatives reached an agreement with the president, who is the head of the executive branch, the debt ceiling increase is expected to proceed without major problems, although there is still the procedure of congressional plagiarism.
First of all, from the US perspective, a major crisis has been overcome, but the issue is that many people have become aware of the US debt situation and the extent of debt → It is likely to emerge as an important issue in the Biden administration or future administrations.
📚 Welcome to Haebom's archives. --- I post articles related to IT 💻, economy 💰, and humanities 🎭. If you are curious about my thoughts, perspectives or interests, please subscribe. Would you like to be notified when new articles are posted? 🔔 Yes, that means subscribe. haebom@kakao.com
